Air, Freight News

Qatar takes Cathay stake

[ November 6, 2017   //   ]

Qatar Airways has acquired a 9.61% stake in Hong Kong flag carrier Cathay Pacific Airways. The Middle Eastern carrier already has a 20% share in IAG, parent company of British Airways and Iberia parent and a 10% investment in South America’s LATAM Airlines, although it abandoned a plan to take a 10% stake in American Airlines in August.

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